Falling broadening wedge.
Bitcoin macro is drawing a falling broadening wedge. This pattern illustrate how the bulls resilience gradually weaken and capitulate as panic increase.
This is how we could start a race to the bottom. Or not. But the risk isn't trivial.
Could be as fast as a couple weeks.
This is how we could start a race to the bottom. Or not. But the risk isn't trivial.
Could be as fast as a couple weeks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.